Study: Stores now using social channels more for ads
Department stores’ strategies on social media are shifting from a focus on community growth to leveraging the networks for more traditional marketing methods, a recent report from think tank L2 shows.
Industry think tank group created in Italy
A number of well-known players in the industry have formed an international think tank designed to provide the broadest view of the challenges the industry faces, as well as strategies for dealing with them.
Antwerp Diamond Bank to shut down
Yet another bank seems set to exit the jewelry industry, as KBC said Friday that the sale of the Antwerp Diamond Bank to Yinren Group has fallen through and it will, according to its agreement with the European Commission, wind down the bank’s activities.
Macy’s boosts omnichannel shopping strategy
In a move that underscores the increasing importance of omnichannel shopping, Macy’s announced Monday a number of new developments to attract and service customers both in store and online.
Ex-Cartier exec fires back in trade secrets case
A former Cartier advertising executive being sued for attempted digital theft of trade secrets is asking a federal judge to dismiss the case on grounds that she was permitted to access the data in question and never obtained it anyway.